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They can print unlimited Solana wETH, but it’s worthless if it cannot be exchanged for Ethereum ETH. In this case the Ethereum contract would not have had the f
by thebean11 5y ago
They can print unlimited Solana wETH, but it’s worthless if it cannot be exchanged for Ethereum ETH. In this case the Ethereum contract would not have had the funds to redeem all of the IOUs (wETH) in existence on Solana.